Tips and Questions to Ask When Buying a New Boat

It’s the season for boat shows, and if you’ve never been to one, you’re in for a treat. A boat show is a great place to learn about all the latest features and innovations in the boating industry, as well as see the new lineup for 2018. If you’re in the market for a new boat, these shows are an opportunity to browse the selection from different manufacturers and dealers to determine which boat might be right for you. In this post, we’ll offer up our tips for choosing a watercraft and making the most of your experience at the boat show.

Make a Plan

Some shows are small and can be seen in a few short hours. Others are very big and cannot be covered in a day. To keep from getting overwhelmed, plan ahead by deciding what you want to get out of the show. Are you looking for a specific type of boat? Do you need gear? Are you hoping to attend a seminar? Try to view a map of the show before you arrive, so you have an idea of where to go. Keep in mind that boat shows can get very busy, so arrive early if there is a specific boat you are wanting to tour without hoards of people surrounding you.

Choosing a Type of Boat

If you’re a long-time boater, you probably already have your eye on a particular type of boat. If this is your first boat purchase, you might need a little help deciding which type of watercraft is right for you. Start by asking yourself the following questions:

Where will I store my boat?

How many people will I need seating for?

How will I use my boat the most?

What is my budget?

The answers to these questions can help you narrow down your options. Although there are several different types of boats, some of the most popular ones include:

Pontoon boats

Bass boats

Sailboats

Runabouts

Ski boats

Personal watercraft

New vs. Used Boats

Like cars, you can buy a boat second-hand. Although it may not come with a warranty as a new boat would, it is likely to cost a lot less than a new model. Keep in mind, however, that used boats are also more likely to require repairs than new ones. If you are looking for a reliable watercraft that requires minimal hands-on maintenance, consider buying a new boat instead.

Decide How to Pay for Your Boat

Boats cost thousands of dollars – money you may not have on-hand for a recreational purchase. If you are planning to finance part or all of your purchase, be sure to browse rates and lending terms before you arrive at the show. Although there will probably be lenders in-house ready to offer you’re a loan, you may be able to find more favorable terms on your own.

Don’t Forget Boat Insurance

Just as important as finding the right boat is buying the right insurance. Don’t rely on homeowners insurance to cover your boat – it probably doesn’t. Even if it is covered, the protection is probably highly restricted and only available for certain types of loss events. Instead, talk to an independent agent here at Van De Hey Insurance to learn more about your coverage options. We offer policies that cover a wide range of losses, including: